1008 CYPRESS AVENUE Panama City, FL $ 74,950
1008 CYPRESS AVENUE
$ 74,950
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1008 CYPRESS AVENUE

Panama City, FL, 32401
$ 74,950
Bedrooms2 Baths1.0 Sq 1,798

Monthly Estimate*

$ 461

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Single Family Home for sale in Panama City, FL

for $74,950 with 2 bedrooms and 1 full bath. This 1,798 square foot home was built in 1960 on a lot size of 0.13.

Under contract-accepting backup offers. Investor special in the heart of Panama City! This 2 bedroom, 1 bathroom single-family home offers a prime opportunity for renovation, rental income, or resale. Situated on a quiet street, the property features a functional layout with solid bones and plenty of potential to customize. Ideal for investors or buyers looking to create their own space, this home is being sold as-is and is ready for updates. With the right vision, this fixer-upper could be transformed into a charming primary residence or income-producing property. Conveniently located near downtown, shopping, dining, schools, and local amenities, this property offers both value and upside in a growing area. Panama City continues to see redevelopment and investment, making it attractive for both homeowners and investors. The area offers convenient access to Panama City Beach, Tyndall Air Force Base, and local marinas, while still maintaining a laid-back coastal lifestyle.

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Single Family Pending

Price

$ 74,950

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 1,638

Style

Single Family Residence

Lot Size

0.13

Year Built

1960

Town/City

Panama City

County/Region

Bay

MLS | Web ID

TB8493785

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Other
Roof Metal
Appliances Refrigerator
Zoning RLD 1
Construction Materials Concrete Stucco
Year Built 1960
Levels One
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
County Bay
New Construction false
Property Type Residential
Subdivision Name BAYOU
Facing Direction West
Garage Y/N false
Total Rooms 5
Full Baths 1
Status Pending
Directions Head toward Bonita Ave. Turn right onto Cypress Ave. Destination will be on the left
City PANAMA CITY
Senior Community Y/N false
MLS Area 32401 - Panama City
Lot Size Units Square Feet
Lot Size Square Feet 5576
Carport Spaces 0
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 1638
Additional Parcels Y/N false
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8493785
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Pending
Occupancy Type Vacant
Tax Lot 8
Legal Description BAYOU PLAT LOT 8 ORB 409 P 516 ORB 1067 P 1041 BLK 3
Water Access Y/N false
Water View Y/N false
Flood Zone Code X
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Interior
Interior Amenities Other
Flooring Cork Tile Vinyl
Furnished Y/N Unfurnished
Fireplace Features Living Room
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
Laundry Features Laundry Room
Total Bedrooms 2
Total Baths 1
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Exterior
Exterior Amenities Other
Water Source Public
Lot Size Area 5576
Foundation Details Slab
Building Area Total 1798
Lot Size Acres 0.13
Road Surface Type Concrete
Private Pool false
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
The Shop Real Estate Co.

Broker

Terry@theshopre.com

Email

Affordability Calculator

$598
Per Month
77%
23%
0%
Monthly Principal & Interest
$461
Monthly Property Taxes
$137
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2026$74,950 Listed Price

Map


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1008 CYPRESS AVENUE, Panama City, FL, 32401 is a Single Family Home for sale at $74,950 with 1,798 sqft and a lot size of 0.13. 1008 CYPRESS AVENUE has 2 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 32401 which is in Panama City, FL